25-B – Credits Against Tax.
§ 25-b. Credits against tax.– (a) Specific credit for individuals.– For taxable years beginning on or after July first, nineteen hundred sixty-seven, a local law imposing a tax on the personal income of residents as authorized by this article may provide for the allowance of the following credits: (1) A credit not in excess of […]
25-A-54 – Employer’s Return and Payment of Withheld Taxes.
§ 54. Employer’s return and payment of withheld taxes.–(a) General.– Every employer required to deduct and withhold tax under this local law shall, for each calendar month, on or before the fifteenth day of the month following the close of such calendar month, file a withholding return as prescribed by the administrator and pay over […]
25-A-55 – Employer’s Liability for Withheld Taxes.
§ 55. Employer’s liability for withheld taxes.– Every employer required to deduct and withhold tax under this local law is hereby made liable for such tax. For purposes of assessment and collection, any amount required to be withheld and paid over to the administrator, and any additions to tax, penalties and interest with respect thereto, […]
25-A-56 – Employer’s Failure to Withhold.
§ 56. Employer’s failure to withhold.–If an employer fails to deduct and withhold tax as required, and thereafter the tax against which such tax may be credited is paid, the tax so required to be deducted and withheld shall not be collected from the employer, but the employer shall not be relieved from liability for […]
25-AP5 – Procedure and Administration
PART V PROCEDURE AND ADMINISTRATION
25-A-61 – Notice of Deficiency.
§ 61. Notice of deficiency.–(a) General.–If upon examination of a taxpayer’s return under this local law the administrator determines that there is a deficiency of income tax, he may mail a notice of deficiency to the taxpayer. If a taxpayer fails to file an income tax return required under this local law, the administrator is […]
25-A-62 – Assessment.
§ 62. Assessment.–(a) Assessment date.–The amount of tax which a return shows to be due, or the amount of tax which a return would have shown to be due but for a mathematical error, shall be deemed to be assessed on the date of filing of the return (including any amended return showing an increase […]
25-A-63 – Limitations on Assessment.
§ 63. Limitations on assessment.–(a) General.–Except as otherwise provided in this section, any tax under this local law shall be assessed within three years after the return was filed (whether or not such return was filed on or after the date prescribed). (b) Time return deemed filed.–(1) Early return.–For purposes of this section a return […]
25-A-64 – Interest on Underpayment.
§ 64. Interest on underpayment.–(a) General.–If any amount of income tax is not paid on or before the last date prescribed in this local law for payment, interest on such amount at the rate of six percentum per annum shall be paid for the period from such last date to the date paid, whether or […]
25-A-65 – Additions to Tax and Civil Penalties.
§ 65. Additions to tax and civil penalties.–(a) Failure to file tax return.–In case of failure to file a tax return under this local law on or before the prescribed date (determined with regard to any extension of time for filing), unless it is shown that such failure is due to reasonable cause and not […]